Monday, November 27, 2006

Nasdaq Update



On November 21st, I posted a chart of the Nasdaq compostite under "chart of Interest".. In that post I mentioned that the Nasdaq was at the top of a channel and that the market rallied about 450 points which is close to where the previous two rallies terminated.. Well it seems like the market is finding some selling in this area judging from today's broad- based sell off...Above is the Nasdaq chart that I posted on 11/21/06 but I updated it reflecting today's trading..

Posted by Kevin

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